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City National Bank, Extend Team On Virtual Corporate Cards

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City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. Replacing them is much easier than replacing plastic cards.

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Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’

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The increasing number of businesses using cards over cash could prompt some companies in the U.K. Contactless transactions using commercial credit cards surged nearly a fifth higher in 2019 than they had been prior, according to the U.K. to stop using cash altogether after hundreds of years with that as the primary mode of payment.

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NYC Meters Won’t Take Credit Due To Y2K Bug

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Parking meters in New York City won’t take credit cards because they weren’t programmed to get card payments after Jan. 1, 2020, according to a report by the New York Post. All through the five boroughs, people were reporting that meters wouldn’t accept credit card payments due to a software bug.

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White-Hat Hacker Swipes 26M Stolen Credit Cards From Dark Web

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Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday (Oct. According to the leaked data, card information for sale on BriansClub showed a steady increase of inventory. million card records for sale.

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Earl Enterprises Acknowledges Data Breach Of 2M Cards

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Buca di Beppo , the Italian restaurant chain, reportedly knew about a data breach that resulted in two million credit card and debit numbers being stolen since Feb. KrebsOnSecurity said credit and debit card accounts from Earl Enterprises restaurants were up for sale as of Feb. 21 — but waited until the end of March to reveal it.

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Five At Five: Even Financial Gets New Funding Round

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Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding , Mattress Firm considering bankruptcy , the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup Behalf and Microsoft Pay supporting MasterPass.

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Five At Five: Walmart’s New Plan To Win Over NYC

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There is also news about a major chain’s data breach, why U.S. card firms are breathing easier about India and a fresh estimate about security costs for the Internet of Things. Walmart Bringing Same-Day Delivery t o New York City. Macy’s Data Breach Includes Online Card Data.